While organizations are pouring incredible amounts of money into AI, lack of strong governance and coordination between leaders has blunted the effectiveness of these investments or even lost them money.

While the majority of professional service organizations routinely use generative AI, few are measuring their ROI, and when they do it is often centered around internal metrics versus business performance.

IRS automated systems handle things a little differently than human examiners and practitioners should be aware of the differences.

From spotting anomalies to enhancing accuracy to streamlining client communication, tax preparers are no longer being bogged down by operational inefficiencies.

Plus, Oracle premieres Fusion Agentic Applications; Suralink launches Financial Statement Tie Out solution; and other accounting tech news and updates.

Choosing the right AI implementation partner is one of the most consequential decisions a firm will make right now, but a meaningful number of them show significant gaps in the areas that matter most to accounting firms.

The internal audit function can help the enterprise pursue innovation responsibly by encouraging the development of risk management early in the AI lifecycle.

When accounting firm leaders build guardrails, train their people and stay actively engaged, AI will become a force multiplier — not a liability.

The Big Four Firm is globally embedding enterprise-scale agentic AI into its assurance engagements, meaning that audits will now use the technology in its firms worldwide.

The funding will let Modus partner with audit-focused accounting firms, and develop its technology.

Digits announced that accountants will only pay for clients if the Digits platform successfully automates 95% or more of transactions with zero human touch.

An experiment with having artificial intelligence write papers for a college accounting course reveals some of its current limitations.

The accounting community is focused on how AI is changing what accountants do. But the truth is that AI is changing what accounting professionals are for.

One AI startup executive calls annual recurring revenue "a fake accounting number developed by fake accounting people."

Artifact announced the launch of its new Omni agentic workflow solution meant to help firms orchestrate complex, multi-system and cross-platform work via describing the workflow in plain language.

As artificial intelligence rapidly reshapes the finance landscape, accounting leaders face a pivotal moment.

Oracle expands NetSuite AI Connector Service; Digits launches mobile app; Daylit releases AI AR agent; and other news and updates from the accounting tech world.

Organizations seem to be going all in on AI, not only planning huge investments in it this year but making these investments central to their growth strategy, even amid other economic headwinds.